Forex Trend Analysis Report
Prepared for you on Sunday, April 30, 2017.
Jordanian Dinar/Norwegian Krone (FOREX:JODNOK)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for JODNOK
The long term trend has been UP since Apr 21st, 2017 at 12.24685
The intermediate term trend has been DOWN since Apr 24th, 2017 at 12.00730
The short term trend has been DOWN since Apr 28th, 2017 at 12.05295
Smart Scan Analysis for JODNOK
Based on a pre-defined weighted trend formula for chart analysis, JODNOK scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).